A Popular and Established Mobile Outdoor Advertising Business For Sale In Yorkshire

Overview:

BuyerBiz are delighted to announce this fantastic Mobile Outdoor Advertising Business sale opportunity that is new to the market.

This relocatable business comes with a fantastic reputation and loyal customer base, presenting a great opportunity for any buyer looking for an existing, successful business to walk into.

This is a rare and unique opportunity to purchase and develop a popular mobile outdoor advertising business. This company provides innovative outdoor advertising campaigns using a fleet of advertising bikes and human billboards to both local and national clients.

The business has grown consistently since inception and offers unlimited scope for growth for a dedicated full time owner/operator, including opening an untapped franchise network.

The business has been very successful in its 19 years of operation and the demand for its service has been growing exponentially with numerous new and repeating customers.

Various social media channels provide evidence for the continued volume of work before and after the COVID pandemic.

Annual Turnover: £63,000 (COVID impacted. 2019 – T/O £106,760)

Annual Turnover Period: Annual

Gross Profit: £38,500

Tenure: Relocatable

Business Established: 2003

Current owner has run this business for: 19 YEARS

Business Sale Description:

This hugely dynamic business was started in 2003 with the simple concept of giving local, regional and national businesses an alternative advertising proposition to the mainstream media.

The core product is the Advertising Bike ("AdBikes"), which the business owns a number of, including two brand new (unused) versions. These are all uniquely urban and eco-friendly message delivery machines, which are visually powerful in both a rolling and stationery capacity. Each AdBike hosts two sizeable posters and the promotional rider can hand out leaflets at scheduled stops. This fusion gives advertisers a fun, high-impact and compelling way to effectively reach their target audience.

There are a large number of regular and loyal clients, ranging from SME's through to well-known national brands who regularly use this innovative form of promotion.

The execution of the advertising campaigns has always been conducted by sub-contracted promotional riders on an ad-hoc basis.

Currently, net profit can clearly be adjusted to over £30,000pa - yet the current owner only devotes a couple of hours a day to the business and is currently in full time employment. Pre-COVID, this adjusted net profit was in excess of £60,000pa with minimal day-to-day involvement from the current owner.

The good news is the business is now showing positive signs of bouncing back to pre-COVID levels. In the last few months alone, sales turnover has exceeded £38,000 – and there is a further £5,000 worth of bookings confirmed between now and Christmas (with other enquiries in the pipeline).

With an enthusiastic new owner at the helm, the business could significantly increase profitability, which could be enhanced even further through franchising.

The current owner is looking to sell to a purchaser with the desire to grow the business to its full potential as he has plans to relocate abroad in the near future.

The business will be sold with the rights to the name, logo, social media, and overall 'brand', as well as inheriting a large customer base which will ensure a continued flow of custom from old and new sources.

The business comes 'ready to go' and would suit someone new to the industry and wanting a career change to enable the flexibility to work their own hours, or someone already running a similar business and wanting to grow by acquisition.

The business benefits from a strong, local customer base as well as receiving regular enquiries from across the UK; however, it would be fair to say the business has established firm roots in the North of England. There is a high ranking website and regularly updated social media accounts.

Key Features of This Business:

%u27A2 Excellent Reputation;

%u27A2 Friendly & Professional Team;

%u27A2 Equipment to be included;

%u27A2 Huge Growth Potential;

%u27A2 Variety of Services or Products;

%u27A2 Low Overheads;

%u27A2 Room to Expand

Key Business Information:

%u27A2 Loyal Custom Base;

%u27A2 Excellent Reputation;

%u27A2 High Growth Possibilities

Key Location Features:

%u27A2 Home Based

%u27A2 Relocatable

%u27A2 Option to create a Franchise

Accommodation Included: No

Potential Growth Opportunities:

This concept can be scaled within a short amount of time and can target all areas of the UK. Clients love this form of advertising due to its cost-effectiveness and quirky nature that instantly attracts attention. If an advertiser is looking to boost their green credentials, then this eco-friendly form of advertising reflects well on them.

There is huge potential to franchise the business formally and develop a network of localised operators. As well as a heavily focused Franchise model and plan, there have already been a number of interested parties looking to take on the franchise model; however, with the current owner's time constraints due to other commitments, it has been difficult to grow the business as planned.

The current owner has already invested a lot of money into the franchise model, including territory mapping and legal agreements.

This business offers the opportunity to build on the solid foundations and growth that the current owner operator has developed alongside a competent and flexible team of staff. With a relatively small amount of liquid capital injection, the business would offer significant returns.

Vendor Open To a Transition Period: YES

Business Sector Type: Advertising

Are Company Accounts Available: YES

Management Structure For Business: Run by owner

Number of Staff: 1

Stock Value: £10,000

Business Sale Asking Price:

£59,000

Business For Sale  BB5172 - A Popular and Established Mobile Outdoor Advertising Business For Sale In Yorkshire.